Facts about Honda
Today, Honda directly employs more than 25,000 Americans; and more than 100,000 workers are employed at authorized Honda automobile, motorcycle and power-equipment dealerships in the United States.
In 2006, Honda became the sole engine supplier for the IndyCar Series, including the Indianapolis 500.
In 1979, Honda returned to Grand Prix motorcycle racing with its exotic, monocoque-framed, four-stroke NR500.
In 1988, Bobby Rahal won one race at Pocono using a turbo "Brabham-Honda" engine, produced by John Judd's Engine Developments company for use in IndyCar racing.
During the 1960s, when it was a small manufacturer, Honda broke out of the Japanese motorcycle market and began exporting to the US.
Honda won the 2006 Hungarian Grand Prix with driver Jenson Button.
In 1985, Gorbachev announced that the Soviet economy had stalled and that reorganization was needed.
Honda Racing Corporation (HRC), formed in 1982, combines participation in motorcycle races throughout the world with the development of high-potential racing machines.
Honda withdrew from Formula One at the end of 1992, although the related Mugen-Honda company maintained a presence until the end of 1999, winning four races with Ligier and Jordan Grand Prix.
Honda has also built a Downhill racing bike, known as the Honda RN-01, with a gearbox, which replaces the standard Derailleur found on most bikes.
Following its corporate philosophy of "Respect for the Individual," Honda participates in a number of philanthropic initiatives, focused on youth and education, and science and technology.
Several times, their efforts at expansion brought Honda Motor Company close to financial collapse, but by 1959, the company had become the leading maker of motorcycles in the world.
In 1936, Honda set up “Tokai Seiki Heavy Industry” and began researching how to manufacture piston rings.
Honda personally tested the new models of motorcycles and cars until shortly before he retired as company president in 1973.
Honda used his engineering experience, acquired at Tokai Seiki, to develop and produce light motor cycles, powered by small, highly-efficient engines.
In 1974, Honda introduced the ingeniously simple Compound Vortex Controlled Combustion (CVCC) engine, remarkable for its fuel efficiency and low emissions.
Honda has also pioneered new technology in its HA-420 HondaJet that reduces operating costs with diminished drag, improved aerodynamics and fuel efficiency.
Honda is recognized for its technology and design initiatives, including the Compound Vortex Controlled Combustion (CVCC) engine, remarkable for its fuel efficiency and low emissions, and the first hybrid vehicle sold in North America.
In 1998, Honda returned to Formula One as an official engine supplier to British American Racing (BAR) and Jordan Grand Prix.
In 1968, Jo Schlesser was killed in a Honda RA302 at the French Grand Prix.
The report concluded that the Japanese firms, including Honda, had aimed for large-scale production, making a large quantity of motorbikes, in order to benefit from economies of scale and learning curve effects.
Today, Honda is the fifth largest automobile manufacturer in the world and the largest engine-maker, producing more than 14 million internal combustion engines each year.
Honda has taken on several riders, including Greg Minnaar, to pilot the bike.
In 1945, Honda sold his business to Toyota and founded the Honda Technical Research Institute, which was incorporated in 1948 as Honda Motor Company.
Various attempts have been made to explain Honda’s strategy and the reasons for its success.
Honda Motor Company manufactures automobiles and motorcycles, trucks, scooters, robots, jets and jet engines, ATV, water craft, electrical generators, marine engines, lawn and garden equipment, and aeronautical and other mobile technologies.
Honda produces a diverse lineup of automobiles under the Honda and Acura nameplates, motorcycles, ATVs, power products, marine engines, personal watercraft, mountain bikes, electrical generators, lawn and garden equipment, and aeronautical and other mobile technologies.
Fujisawa Takeo oversaw the company's finances and marketing operations, while Honda concentrated on technological development.
Honda is known for its lightweight, fuel-efficient passenger cars, including the Civic and Accord models.
Honda is the fifth largest automobile manufacturer in the world and the largest engine-maker, producing more than 14 million internal combustion engines each year.
Tens of thousands of additional Americans are employed by more than nearly 600 U.S. suppliers from which Honda purchases parts and materials.
Following its policy of producing its products in the regions where there is a demand for them, Honda began a collaboration with the partially state-owned British Rover Group (British Leyland Limited) in 1979.
Honda has also created joint ventures around the world, such as Honda Siel Cars India Ltd, Hero Honda Motorcycles India Ltd, Dongfeng Honda Automobile Company in China and Honda Atlas Cars Pakistan.
Honda chose the United States as its first target export market, and in 1959, opened its first storefront in Los Angeles, with six employees.
Honda Motor Company, Limited (??????????; Honda Giken K?gy?; Kabushiki-gaisha; Honda Technology Research Institute Company, Limited), shortened to Honda is a multinational corporation, engine manufacturer and engineering corporation headquartered in Tokyo, Japan.
Honda's race bikes were known for their "sleek and stylish design" and exotic engine configurations, such as the 5-cylinder, 22,000 rpm, 125 cc bike and their 6-cylinder 250 cc and 380 cc bikes.
Founded in 1946 as Honda Research Institute by Soichiro Honda, to develop small, fuel-efficient engines, the company was incorporated as Honda Motor Company in 1948.
Soichiro Honda, being a race driver himself, realized that achieving fame in motor sports would automatically establish a reputation for Honda motorcycles and automobiles.
In 1959, Honda entered five motorcycles into the Isle of Man TT race, at that time the most prestigious motorcycle race in the world.
Richie Ginther, added to the team in 1965, scored Honda's first point at the Belgian Grand Prix, and Honda's first win at the Mexican Grand Prix.
Honda rejected conventional Japanese management techniques and promoted “the Honda way,” which emphasized personal initiative and depended on a close relationship between workers and management.
Honda debuted in the CART IndyCar World Series as a works supplier in 1994.
Honda is a world leader in producing motorcycles, but the majority of its annual sales comes from automobiles, which the company began manufacturing in 1963.
Honda produced the first hybrid vehicle sold in North America, and the first government-certified fuel-cell car.
Honda bought a stake in the BAR team in 2004, and bought the team outright at the end of 2005, becoming a constructor for the first time since the 1960s.
Hero Honda, a joint venture between India's Hero Group and Honda, is the largest manufacturer of two wheelers in the world.
Honda's entry into the US motorcycle market during the 1960s is used as a case study for teaching introductory strategy at business schools worldwide.
In 2004, Honda-powered cars overwhelmingly dominated the IndyCar Series, winning 14 of 16 IndyCar races, including the Indianapolis 500, and claimed the IndyCar Series Manufacturers' Championship, Drivers' Championship and Rookie of the Year titles.
Honda-powered Brabhams dominated the 1966 French Formula Two championship, driven by Jack Brabham and Denny Hulme.
Soichiro Honda, the founder of Honda Motor Company, Ltd., was fascinated by engines and automobiles as a child.
From its early years, Honda Motor Company recognized that it must succeed in Europe in order to establish itself as a global company.
Honda entered Formula One for the first time as a constructor in the 1964 season at the German Grand Prix with Ronnie Bucknum at the wheel.
Honda opened its first U.S. motorcycle plant in 1979 and began producing automobiles in 1982.
By 1963, Honda had become the top-selling motorcycle in the United States.
Honda returned to Formula One in 1983, with another Formula Two partner, the Spirit team, before switching abruptly to Williams in 1984.
The American Honda Motor Company began producing motorcycles in Los Angeles in 1959.
Honda defiantly introduced the S360 sports car in 1963, and by the early 1980s had become the third largest Japanese automaker.
Various attempts have been made to explain Honda’s strategy and the reasons for its success.